Board's Decisions 06/07/2010

1. Approve to allocate (90,000) thousand shares of the manpower of United Financial Investments Company to employees mentioned in the Company letter no. (A/2010/195), of April 25. 2010 through the Securities Depository Center (SDC).
2. Approve to grant a license to Ajiad for Securities Company to conduct the activities of margin finance, in condition that the JD (500) fees are settled & a bank guarantee of JD (250.000) thousand is provided to the Jordan Securities Commission (JSC). The company must not conduct any business prior to providing the JSC with its organizational procedures & amending its accounting systems relevant to the Instructions of Margin Finance & take JSC approval on these procedures.
3. Approve the registration of the 28nd issuance of Jordanian treasury bonds for the year 2010 at a maturity date on December 22. 2011, at a value of JD (50) million & address the Securities Depository Center (SDC) to register them.
4. Approve registration of capital increase in shares of Arab Banking Corporation of (9,080,937) million shares by capitalizing JD (9,080,937) million from retained earnings & distributing them as free shares; each shareholder according to his contribution in the capital, in condition that fees are settled as deemed proper.
5. Approve to register (10,000) corporate bonds of Arab International Hotel Company at a nominal value of JD (1,000) thousand per bond, at a total value of JD (10) million & a maturity date of (5) years through public offer. Approve the prospectus relevant to offering these bonds, taking into account each of the following:
* A statement in the prospectus including a notice to subscribers concerning the corporate bond, to view what must be stated in the certified auditor’s report, by virtue of item (9) of annex (2) attachments of the Instructions of Issuance & the Company auditor’s letter of June 28. 2010 attached in this prospectus.
* Settlement of fees as deemed proper.